The Spring Valley housing market is very competitive. The median sale price of a home in Spring Valley was $1.2M last month, up 61.1% since last year. The median sale price per square foot in Spring Valley is $198, down 52.6% since last year.
What is the housing market like in Spring Valley today?
In October 2024, Spring Valley home prices were up 61.1% compared to last year, selling for a median price of $1.2M. On average, homes in Spring Valley sell after 40 days on the market compared to 29 days last year. There were 7 homes sold in October this year, up from 3 last year.
All Home Types
Median Sale PriceAll Home Types
Median Sale Price
(All Home Types)
$1,156,000
+61.1% YoY | Oct 2024
Based on Redfin calculations of home data from MLS and/or public records.
Location
Data
Oct 2024
Growth
% YoY
Spring Valley, RI
$1,156,000
+61.1%
United States
To compare other locations to the Spring Valley and U.S. housing market, enter a city, neighborhood, state, or zip code into the search bar. Learn which home features in East Greenwich add value to a home.
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How hot is the Spring Valley housing market?
Spring Valley is very competitive. Homes sell in 25 days.
0
100
73
Very Competitive
Redfin Compete Score™
The Redfin Compete Score rates how competitive an area is on a scale of 0 to 100, where 100 is the most competitive.
Calculated over the last 12 months
Many homes get multiple offers, some with waived contingencies.
The average homes sell for around list price and go pending in around 25 days.
Hot homes
can sell for about 2% above list price and go pending in around 11 days.
School data provided by GreatSchools. School service boundaries are intended to be used as reference only. To verify enrollment eligibility for a property, contact the school directly.
Climate's impact on Spring Valley housing
Learn about natural hazards and environmental risks, such as floods, fires, wind, and heat that
could impact homes in Spring Valley.
Flood Factor - Minor
8% of properties are at risk of severe flooding over the next 30 years
Flood Factor
Spring Valley has a minor risk of flooding. 12 properties in Spring Valley are likely to be
severely affected
by flooding over the next 30 years. This represents 8% of all properties in Spring Valley. Flood risk is increasing slower than the national average.
87% of properties are at risk of wildfire over the next 30 years
Fire Factor
Spring Valley has a moderate risk of wildfire. There are 218 properties in Spring Valley that have some risk of being affected by wildfire over the next 30 years. This represents 87% of all properties in Spring Valley.
100% of properties are at severe
risk of a severe wind event over the next 30 years
Wind Factor
Spring Valley has a Severe Wind Factor® risk based on the projected likelihood and speed of hurricane, tornado, or severe storm winds impacting it. Spring Valley is most at risk from hurricanes. 249 properties in Spring Valley have some risk of being in a severe wind event within the next 30 years.
Wind likelihood over time
If an exceedingly rare windstorm
(a 1-in-3,000 year storm event)
occurred today, it could cause wind gusts of up to 106 mph. In 30 years, an event of this same likelihood would show increased wind gusts of up to 116 mph.